At today’s low interest rates, no bank product – savings, reward checking, money market, or CD – is going to earn you much more than 1% on your investment. That’s enough to stay current with inflation, at least for now, but not enough to build up your savings over time. So if you want to increase […]

Most loans have a grace period, but you’ll want to determine your repayment plan as early as possible. When it comes to repaying your federal student loan, there’s a lot to consider. Understanding the details of repayment can save you time and money. Find out when repayment starts, how to make your payment, repayment plan options, what […]

Wouldn’t it be nice if there were a magic formula or simple trick that allowed you never to have to worry about money or manage your finances again? While that may not be realistic, there are some simple things you can do right now to improve your money situation. Try these five steps for successfully […]

Direct loans are managed by third-party companies, known as federal student loan servicers. These firms perform functions such as collecting payments and helping borrowers select a repayment plan and access tools for pausing payments. FFEL program loans can be serviced by the holder of the loan or by third parties. Repayment plans Most borrowers […]

An IRA is a valuable retirement plan created by the U.S. government to help workers save for retirement. Individuals can contribute up to $6,000 to an account in 2020, and workers over age 50 can contribute up to $7,000. There are many kinds of IRAs, including a traditional IRA, Roth IRA, spousal IRA, rollover IRA, […]

When you decide to invest your money, you are choosing to put it into a vehicle with the goal of receiving a return down the line. At some point, you hope that the money to put into an investment will grow. In most cases, you plan for little involvement on your part once you’ve invested […]

To enjoy a comfortable future, investing is absolutely essential for most people. Why invest? Investing can provide you with another source of income, help fund your retirement or even get you out of a financial jam in the future. Above all, investing helps you grow your wealth — allowing your financial goals to be met and increasing […]

The number one thing that scares off new investors is the jargon. The investment market has a ton of jargon. So, we’re going to give you the inside scoop to make it less intimidating. What is a stock? A stock, also known as a “share,” is a tiny ownership stake in a business. Public companies allow […]

If your savings goal is more than five years away, putting some of your cash into investments could allow you to earn more from your money and keep up with rising prices. What are investments? Investments are something you buy or put your money into to get a profitable return. Most people choose from four […]

You should always carefully evaluate how much money you will need to study in the USA. Then you will need to research and apply for scholarships, financial aid from your school, and find money from any other source, including family funds. After exhausting these avenues, most international students still have a funding gap, and that’s […]